ClubMan said:Why not? Just because he joined an existing company, shook it up and made it a market leader? You seem to be taking a narrow view of what an entrepreneur is. Maybe you could clarify?
ClubMan said:Not necessarily in my opinion.
Of course he assumes risk - his job is on the line, a significant part of his remuneration package is contingent on performance and paid by way of shares, he is a significant shareholder in the company etc...SteelBlue05 said:according to the definition he doesnt assume the risk does he?
Yes - anybody can exhibit entrepreneurial spirit in their work no matter what the context.So basically you are saying any one working in a company can be an entrepreneur?
ClubMan said:Yes - anybody can exhibit entrepreneurial spirit in their work no matter what the context.
ClubMan said:Of course he assumes risk -
.
http://en.wikipedia.org/wiki/EntrepreneurshipFrom Wikipedia - bolding added
Our understanding of entrepreneurship owes a lot to the work of economist Joseph Schumpeter and the Austrian School of economics. For Schumpeter (1950), an entrepreneur is a person who is willing and able to convert a new idea or invention into a successful innovation.
The entrepreneur is the kind of person that is willing to put his career and financial security on the line for an idea, spending his time and capital in an uncertain venture.
Howard Stevenson, of Harvard University, believes that entrepreneurship is the "pursuit of opportunity without regard to resources currently controlled".
Inside the mind of this entrepreneur is a vision of a future state that is preferred to the present state.
Through a semiconscious process of intuition and insight, rooted in experience, the entrepreneur develops this vision and a strategy of how to implement it.
This vision is promoted diligently and passionately by the entrepreneur. The job for many provides a feeling of being "alive" or the satisfaction of serving society.
sherib said:IMO the necessity of setting up a company would be a very narrow interpretation of the meaning of entrepreneurship or entreprenurial spirit.
http://en.wikipedia.org/wiki/Entrepreneurship
gearoid said:Lachlan Murdoch? Daddy was already rich.
sherib said:Donna - you could write the essay based on CGorman's link to Wikipedia
Henny Penny said:What about Bishop Horan who set up Knock Airport?
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